India, March 22 -- A slice of Mumbai's architectural history is set to disappear from Malabar Hill, as Malabar Court, an over 70-year-old Art Deco residential building with links to the family of Jewish merchant and philanthropist David Sassoon, is slated for redevelopment into a 22-storey boutique luxury tower, with select elements of its Art Deco design expected to be preserved.
JSW Realty, part of the JSW Group, has signed a development agreement with the Patel family, the current owners of the property, to redevelop the building with an estimated revenue of more than Rs.2,000 crore. The existing structure is expected to be vacated by January 31, 2027, with demolition to follow soon after. The project is expected to be completed by Fe...
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